Average Management Occupations Salary in Northern Indiana nonmetropolitan area
Management Occupations in the Northern Indiana nonmetropolitan area command an average annual salary of $112,070. This figure is notably below the national average of $143,930, reflecting regional economic factors and industry concentration. The specific pay scales in this area are influenced by the local demand for managerial talent and the overall economic landscape of nonmetropolitan Indiana.
Executive Summary
- Average Salary: $112,070 per year.
- Growth Trend: Salaries have shifted 13.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $180,790.
- Outlook: With a local workforce of 9,430 individuals in Management Occupations, the job market in Northern Indiana nonmetropolitan area presents a moderate presence. The Location Quotient of 0.63 indicates that management roles are less concentrated here compared to the national average, suggesting a potentially less saturated but also less specialized market for these positions.
Salary Overview
The average Management Occupations in Northern Indiana nonmetropolitan area earns-22.1%below the national average.
$53.9
$2,155
$9,339
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations in nonmetropolitan areas like Northern Indiana have experienced steady growth over the past four years, mirroring broader economic recovery and inflation trends. This upward trajectory is typically driven by increasing operational complexities and the demand for skilled leadership across various sectors.
Management Occupations Salary Distribution in Northern Indiana nonmetropolitan area
Salary progression for Management Occupations is significantly tied to experience. Entry-level positions typically fall within the lower percentiles, while senior and executive roles command salaries in the higher percentiles. The widening gap between these percentile ranges signifies substantial career growth opportunities and increased earning potential as professionals gain expertise and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,480 | $25.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $84,053 | $40.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,280 | $47.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $140,088 | $67.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $180,790 | $86.9 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$112,070
Gross Pay
Real Wage (Purchasing Power)
$112,070
Adjusted for COL (100)
The average annual salary of $112,070 in Northern Indiana nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in this region is equivalent to that of someone earning the national average in a similarly priced area, offering a stable financial baseline.
Job Market Context
9,430
Total Jobs
44.505
Per 1K Jobs
0.63
Location Quotient
Northern Indiana nonmetropolitan area has 0.63x the national average concentration of Management Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.63 for Management Occupations in Northern Indiana nonmetropolitan area suggests that these roles are somewhat underrepresented compared to the national average. This could imply fewer specialized opportunities but potentially less competition for available management positions, offering a unique dynamic for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Management Occupations Salary | $131,330↑ 17% | 8 mi |
| Kokomo, IN Management Occupations Salary | $112,210↑ 0% | 43 mi |
| Columbus, IN Management Occupations Salary | $131,350↑ 17% | 48 mi |
| Bloomington, IN Management Occupations Salary | $130,650↑ 17% | 49 mi |
| Lafayette-West Lafayette, IN Management Occupations Salary | $124,960↑ 12% | 50 mi |
Comparing salaries near Northern Indiana nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Northern Indiana nonmetropolitan area?
The median annual salary for a Management Occupations in Northern Indiana nonmetropolitan area is $112,070. This typically ranges from $52,480 for entry-level positions to $180,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Indiana nonmetropolitan area is 22.1% lower than the national median of $143,930.
Is Northern Indiana nonmetropolitan area a lucrative place for Management Occupationss?
No, it is not as lucrative as the national average.While the average salary of $112,070 is substantial, it falls below the national average of $143,930. However, the cost of living is also at the national average, meaning the nominal salary has equivalent purchasing power.
Is Northern Indiana nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Northern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($131,330) and Kokomo, IN.
How does the number of management jobs compare nationally?
There are 44.505 management jobs per 1,000 workers in Northern Indiana nonmetropolitan area, which is below the national average, as indicated by the Location Quotient of 0.63.
What is the total number of management professionals in the area?
The total local workforce for Management Occupations in the Northern Indiana nonmetropolitan area comprises 9,430 individuals.
How does the cost of living affect the salary?
The cost of living in Northern Indiana nonmetropolitan area is exactly at the national average (100). Therefore, the $112,070 salary offers purchasing power equivalent to the national average.
Is the market for management roles concentrated in this area?
No, the market for management roles is less concentrated than the national average, with a Location Quotient of 0.63, suggesting fewer specialized opportunities but potentially less competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,430 employees in the Northern Indiana nonmetropolitan area area with a job density of 44.505 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Northern Indiana nonmetropolitan area